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About Shree Marutinandan Tubes Ltd
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Shree Marutinandan Tubes Limited was originally incorporated as Private Limited Company in the name and style of "Shree Marutinandan Tubes Private Limited" on March 12, 2013 with the ROC, Gujarat. Later, the Promoters converted Private Limited into Public Limited Company, in the name of "Shree Marutinandan Tubes Limited" vide fresh Certificate of Incorporation dated June 22, 2023. The Company is engaged in the business of trading of Galvanized Pipe, Electric Resistance Welding Mild Steel (ERW MS) Pipes (round, square and rectangular hollow sections) Black Pipes and Solar Structural Pipes in various specifications, sizes ranging from 15NB to 500 NB. The products have wide application in varied industries like Agriculture, Oil, Public Health, Housing, Irrigation, Engineering, Infrastructural, Industrial etc. The Company has independent sales and distribution networks for their products. A substantial majority of steel pipes are sold to wholesalers in the domestic markets. It procure Steel Pipes from the best manufacturers in steel pipes at domestic level. However, from FY 2023, it took a strategic step to expand business horizons and diversify the business. To achieve this, it outsource group company, Shree Green Energy Private Limited, for the manufacturing of agricultural equipment. The Company issued 10,00,000 equity shares of Rs 10 each and raised funds aggregating to Rs 14.30 crores through IPO on 16 January, 2024.
Shree Marutinandan Tubes share price as on 12 Apr 2026 is Rs. 51.5. Over the past 6 months, the Shree Marutinandan Tubes share price has decreased by 51.28% and in the last one year, it has decreased by 33.55%. The 52-week low for Shree Marutinandan Tubes share price was Rs. 40 and 52-week high was Rs. 139.25.
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Shree Marutinandan Tubes Ltd FAQs
You can buy Shree Marutinandan Tubes Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Shree Marutinandan Tubes Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Apr 10, 2026 04:01 PM the closing price of Shree Marutinandan Tubes Ltd was Rs.51.50.
The latest PE ratio of Shree Marutinandan Tubes Ltd as of Apr 10, 2026 04:01 PM is 6.36
The latest PB ratio of Shree Marutinandan Tubes Ltd as of Apr 10, 2026 04:01 PM is 0.81
The 52-week high of Shree Marutinandan Tubes Ltd share price is Rs. 139.25 while the 52-week low is Rs. 40.00
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Apr 10, 2026 04:01 PM, the market cap of Shree Marutinandan Tubes Ltd stood at Rs. 17.82 Cr.
Market Outlook
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